HASEKO CORPORATION |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,911 JPY | +1.57% |
|
+3.47% | +4.26% |
| 2023 | FRD Japan Co. announced that it expects to receive ¥21 billion in funding from a group of investors | CI |
| 2022 | Nikkei 225 Down 1.5% on Federal Reserve Outlook | MT |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,13,960 | 3,44,139 | 4,32,782 | 3,86,428 | 4,22,938 | 5,13,238 | - | - |
| Enterprise Value (EV) 1 | 3,21,941 | 2,25,779 | 4,84,182 | 4,30,802 | 6,03,181 | 7,09,092 | 7,49,066 | 7,73,387 |
| P/E ratio | 4.74 x | 5.75 x | 9.18 x | 7.09 x | 7.12 x | 9.07 x | 8.68 x | 8.4 x |
| Yield | 5.75% | 6.05% | 4.52% | 5.69% | 5.2% | 4.29% | 4.53% | 4.65% |
| Capitalization / Revenue | 0.46 x | 0.41 x | 0.53 x | 0.42 x | 0.41 x | 0.47 x | 0.46 x | 0.45 x |
| EV / Revenue | 0.36 x | 0.27 x | 0.6 x | 0.47 x | 0.59 x | 0.65 x | 0.67 x | 0.67 x |
| EV / EBITDA | 3.06 x | 2.49 x | 6.19 x | 4.85 x | 6.25 x | 6.24 x | 6.34 x | 7.91 x |
| EV / FCF | 76.9 x | -5.58 x | -124 x | 12.7 x | -5.62 x | 110 x | 20.9 x | 22.2 x |
| FCF Yield | 1.3% | -17.9% | -0.81% | 7.86% | -17.8% | 0.91% | 4.77% | 4.51% |
| Price to Book | 1.13 x | 0.87 x | 1.09 x | 0.93 x | 0.92 x | 1.06 x | 0.98 x | 0.93 x |
| Nbr of stocks (in thousands) | 2,97,385 | 2,97,441 | 2,79,395 | 2,74,647 | 2,74,813 | 2,72,781 | - | - |
| Reference price 2 | 1,392 | 1,157 | 1,549 | 1,407 | 1,539 | 1,882 | 1,882 | 1,882 |
| Announcement Date | 10/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,90,981 | 8,46,029 | 8,09,400 | 9,09,708 | 10,27,277 | 10,93,539 | 11,25,433 | 11,48,314 |
| EBITDA 1 | 1,05,279 | 90,677 | 78,200 | 88,800 | 96,544 | 1,13,620 | 1,18,085 | 97,734 |
| EBIT 1 | 98,430 | 85,925 | 72,900 | 82,702 | 90,162 | 87,915 | 90,275 | 93,329 |
| Operating Margin | 11.05% | 10.16% | 9.01% | 9.09% | 8.78% | 8.04% | 8.02% | 8.13% |
| Earnings before Tax (EBT) 1 | 1,21,241 | 87,155 | 70,900 | 81,825 | 87,342 | 84,360 | 86,417 | 89,600 |
| Net income 1 | 87,391 | 59,851 | 48,300 | 54,490 | 59,326 | 56,858 | 59,141 | 61,086 |
| Net margin | 9.81% | 7.07% | 5.97% | 5.99% | 5.78% | 5.2% | 5.25% | 5.32% |
| EPS 2 | 293.9 | 201.4 | 168.8 | 198.3 | 216.1 | 207.6 | 216.9 | 224.0 |
| Free Cash Flow 1 | 4,189 | -40,439 | -3,900 | 33,847 | -1,07,355 | 6,450 | 35,758 | 34,857 |
| FCF margin | 0.47% | -4.78% | -0.48% | 3.72% | -10.45% | 0.59% | 3.18% | 3.04% |
| FCF Conversion (EBITDA) | 3.98% | - | - | 38.12% | - | 5.68% | 30.28% | 35.67% |
| FCF Conversion (Net income) | 4.79% | - | - | 62.12% | - | 11.34% | 60.46% | 57.06% |
| Dividend per Share 2 | 80.00 | 70.00 | 70.00 | 80.00 | 80.00 | 80.62 | 85.25 | 87.43 |
| Announcement Date | 10/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,14,234 | 4,31,795 | 3,69,912 | 4,39,500 | 2,01,104 | 4,14,824 | 2,11,228 | 2,83,656 | 4,94,884 | 2,34,088 | 2,12,360 | 4,46,448 | 2,60,074 | 3,20,755 | 5,80,829 | 2,63,919 | 2,59,087 | 5,23,006 | 2,45,846 | 3,21,240 | 5,46,994 | 2,67,922 | 2,59,303 | 5,26,000 | 2,46,677 |
| EBITDA 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,879 | - | 21,954 | 22,051 | - | 18,305 |
| EBIT 1 | 43,635 | 42,290 | 30,940 | 41,960 | 21,029 | 41,424 | 20,041 | 21,237 | 41,278 | 19,952 | 17,752 | 37,704 | 18,882 | 33,576 | 52,458 | 22,573 | 20,703 | 43,276 | 18,163 | 26,787 | 45,724 | 21,477 | 22,051 | 40,500 | 18,305 |
| Operating Margin | 10.53% | 9.79% | 8.36% | 9.55% | 10.46% | 9.99% | 9.49% | 7.49% | 8.34% | 8.52% | 8.36% | 8.45% | 7.26% | 10.47% | 9.03% | 8.55% | 7.99% | 8.27% | 7.39% | 8.34% | 8.36% | 8.02% | 8.5% | 7.7% | 7.42% |
| Earnings before Tax (EBT) 1 | 43,577 | 43,578 | 30,012 | 40,888 | 19,600 | 40,997 | 20,165 | 20,663 | 40,828 | 19,976 | 16,575 | 36,551 | 18,265 | 32,526 | 50,791 | 22,727 | 20,526 | 43,253 | 17,210 | 23,985 | 41,740 | 21,200 | - | 40,500 | - |
| Net income 1 | 30,168 | 29,683 | 20,539 | 27,761 | 13,610 | 28,285 | 13,541 | 12,664 | 26,205 | 13,318 | 11,416 | 24,734 | 12,211 | 22,381 | 34,592 | 14,995 | 13,708 | 28,703 | 10,890 | 17,582 | 28,297 | 14,344 | 14,688 | 27,000 | 12,137 |
| Net margin | 7.28% | 6.87% | 5.55% | 6.32% | 6.77% | 6.82% | 6.41% | 4.46% | 5.3% | 5.69% | 5.38% | 5.54% | 4.7% | 6.98% | 5.96% | 5.68% | 5.29% | 5.49% | 4.43% | 5.47% | 5.17% | 5.35% | 5.66% | 5.13% | 4.92% |
| EPS 2 | 101.4 | - | 70.94 | - | 49.56 | 102.9 | 49.30 | 46.12 | - | 48.47 | 41.54 | 90.01 | 44.43 | 81.66 | - | 54.99 | 50.25 | 105.2 | 39.92 | 63.13 | - | 54.43 | 53.83 | 105.2 | 44.51 |
| Dividend per Share 2 | 20.00 | - | 35.00 | - | 35.00 | 35.00 | - | 45.00 | 45.00 | - | 40.00 | 40.00 | - | 40.00 | - | - | 40.00 | 40.00 | - | 40.00 | - | - | - | 45.00 | - |
| Announcement Date | 08/11/19 | 14/05/20 | 12/11/20 | 13/05/21 | 11/11/21 | 11/11/21 | 10/02/22 | 12/05/22 | 12/05/22 | 10/08/22 | 10/11/22 | 10/11/22 | 09/02/23 | 11/05/23 | 11/05/23 | 09/08/23 | 10/11/23 | 10/11/23 | 09/02/24 | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 51,400 | 44,374 | 1,80,243 | 1,95,854 | 2,35,828 | 2,60,149 |
| Net Cash position 1 | 92,019 | 1,18,360 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 0.6573 x | 0.4997 x | 1.867 x | 1.724 x | 1.997 x | 2.662 x |
| Free Cash Flow 1 | 4,189 | -40,439 | -3,900 | 33,847 | -1,07,355 | 6,450 | 35,758 | 34,857 |
| ROE (net income / shareholders' equity) | 26.4% | 15.9% | 12.4% | 13.4% | 13.6% | 12.2% | 11.6% | 11.3% |
| ROA (Net income/ Total Assets) | 13.7% | 10.8% | 5.51% | 8.04% | 7.74% | 6.27% | 5.78% | 6.2% |
| Assets 1 | 6,36,274 | 5,51,992 | 8,76,588 | 6,77,395 | 7,66,238 | 9,07,302 | 10,24,081 | 9,85,253 |
| Book Value Per Share 2 | 1,234 | 1,324 | 1,426 | 1,521 | 1,666 | 1,783 | 1,914 | 2,034 |
| Cash Flow per Share 2 | 309.0 | 217.0 | 187.0 | 220.0 | 239.0 | 236.0 | 175.0 | 182.0 |
| Capex 1 | 28,875 | 25,176 | 29,800 | 26,495 | 35,406 | 40,000 | 40,000 | 30,000 |
| Capex / Sales | 3.24% | 2.98% | 3.68% | 2.91% | 3.45% | 3.66% | 3.55% | 2.61% |
| Announcement Date | 10/05/19 | 14/05/20 | 13/05/21 | 12/05/22 | 11/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
1,882
JPY
Average target price
1,869
JPY
Spread / Average Target
-0.69%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.26% | 3.26B | |
| +10.31% | 1.41B | |
| +11.73% | 1.13B | |
| +38.08% | 1.04B | |
| +3.28% | 783M | |
| +14.15% | 725M | |
| +1.00% | 660M | |
| +8.93% | 651M | |
| +2.23% | 647M | |
| +22.74% | 497M |
- Stock Market
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- Financials Haseko Corporation
